UTG, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.8M | $1.2M | $916.6K | $7.0M | $3.3M | $9.3M | $6.3M | $7.6M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $701.8K | $698.4K | $814.3K | $309.3K | $159.7K | $168.4K | $162.9K | $1.3M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $64.0K | $61.0K | $61.0K | $68.9K | $34.0K | $215.0K | — | — |
| Net Cash from Operating Activities | $-13.2M | $-11.4M | $-11.1M | $-13.6M | $-10.9M | $-10.6M | $-10.5M | $-3.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $0 | $0 | $1.6M | $0 | $-17.4K | $214.5K | $139.3K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $27.0M | $16.7M | $13.6M | $34.3M | $6.2M | $-56.0M | $78.9M | $-11.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $604.1K | $5.1M | $120.3K | $927.9K | $287.0K | $928.9K | $475.5K | $349.7K |
| Net Cash from Financing Activities | $-3.5M | $-2.0M | $-4.6M | $-26.5M | $1.3M | $7.0M | $-3.9M | $-4.5M |
| Net Change in Cash | $10.3M | $3.3M | $-2.2M | $-5.9M | $-3.5M | $-59.6M | $64.4M | $-19.0M |
| Free Cash Flow | $-13.2M | $-11.4M | $-11.1M | $-15.2M | $-10.9M | $-10.6M | $-10.7M | $-3.1M |